Business Performance

ANNUAL
REPORT

Report on
Business Performance

Consolidated
petroleum output

0m3/ ton

Consolidated revenue

0Billion VND

Although affected by many unfavorable factors mentioned above, as the main petroleum trading enterprise of the State, Petrolimex always accompanies and shares responsibilities with the Government and people, ensures both petroleum sources to serve social needs and national energy security, and limits negative impacts on the Group's production and business activities in 2023.

Business Performance Results

Consolidated revenue
Consolidated profit before tax
Consolidated petroleum output
State Budget Contribution

Evaluation on Business Operation

Overall assessment, in 2023, Vietnam National Petroleum Group has drastically deployed many synchronous and flexible solutions to successfully ensure the supply of petroleum to serve the needs of the people, socio-economic development and move towards clean, green energy. At the same time, the Group has completed the production and business plan targets assigned by Commission for the Managenment of State Capital at Enterprises and the General Meeting of Shareholders.

Information Technology Applications

In 2023, in addition to maintaining existing utilities, Petrolimex has constantly improved and developed new features to serve administrative needs such as: deployed administrative support modules for business and technical sectors on SAP_ERP, EGAS systems; Deployed utilities on upgraded mobile App, developed eoffice system into Doffice, deployed utilities on smartphones such as word processing, electronic contacts, internal information, vehicle registration, etc., allowed leaders as well as employees to be able to approve, process documents and access information anytime, anywhere.

Results of main
operating segments

Total petroleum output

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Domestic consumption

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Re-export consumption

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Retail consumption

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Transportation output

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Total revenue

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Profit before tax

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Transportation output

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Profit before tax

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Total sales volume

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Revenue

0Billion VND

Profit before tax

0Billion VND

Total sales volume

0Million liters

Profit before tax

0Billion VND

Total sales volume

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Total revenue

0Billion VND

Profit before tax

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Total sales volume

0M3

Profit before tax

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Total revenue

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Profit before tax

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Total revenue

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Profit before tax

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Terminal rental output

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Total revenue

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Profit before tax

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Investment Activities

Investment in terminals, tanks, and pipeline

  • - Project to prevent flooding of terminal C - Nha Be General Terminal
  • - E5 mixing system at Nghi Huong petroleum terminal - Petrolimex Nghe An
  • - Expanding the export terminal of terminal A - Nha Be General Terminal
  • - Expanding the export platform and integrating automation at K2 Petroleum Terminal

Investment in Head office of Group's member units

  • - Office of Petrolimex Gia Lai
  • - Office of Petrolimex Lam Dong, Office of Petrolimex Vinh Long

Investing in petroleum stations

  • - 60 new petroleum stations were put into operation
  • - Renovating and upgrading 375 petroleum stations